Northrop Part Of Social Security Contract Worth Up To $2.8 Billion

September 29, 2010
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Northrop Grumman Corp. (NOC) announced its second big contract in as many days, winning part of an information-technology order from the Social Security Administration worth up to $2.8 billion.

The deal follows the defense contractor’s announcement Tuesday it won a contract valued at up to $2.63 billion to install IT systems at the new Department of Homeland Security headquarters in Washington. The new business comes as cyber espionage has surged against governments and companies around the world.

Under the Social Security contract, Northrop will perform “a variety of technology services” to re-engineer and upgrade the agency’s existing systems and business processes, Northrop said. It isn’t the sole company to provide services under the contract, and Northrop didn’t say what its portion of the deal might be.